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Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
 Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest economy to import more of the fuel on which it relies.
The coal shortage will be 104 million tonnes in the next fiscal to March 2012, Sriprakash Jaiswal said, a jump of 23.8% from the current year's estimate.
Delegates at a coal mining summit on Tuesday said difficulties over land acquisition, social and environmental hurdles and low investments would be a drag on output growth.
"The deficit will keep on increasing," said Vivek Ojha, vice president of Global Coke, a coking coal producer. "The resource that we have is not seeing that much development."
Coal Minister Jaiswal said in a statement to the summit which he did not attend that coal will continue to be a dominant resource for India.
"While India continues to produce a majority of the coal that it consumes, imports of coal are also rising at a fast pace, already contributing to over 10 percent of coal consumption," he said.
Availability of coal, which accounts for more than half of the country's power generation capacity, for the power sector was seen at 388 million tonnes in the current fiscal versus a requirement of 440 million tonnes, the minister said.
Way ahead
Participants at the summit said Indian miners would have to combine expansion at home and a search for assets overseas to keep coal availability up.
"India should have a continual thrust on underground mining," said D.N. Abrol, executive director raw materials at Jindal Steel & Power referring to the few underground mines the country has. "India should go more for bigger projects such as large cluster mining."
Miners need to give better incentives to attract young professionals and invest in technology, Ganesan Natarajan, director of Ennore Coke said.
India has set a goal of adding 62 gigawatts of generation capacity over a five-year period ending March 2012, with the bulk of that coal, in an attempt to reduce peak hour power shortages and provide electricity to millions of rural households.
But coal shortages have limited the power generation.
Jaiswal said India's projected coal demand for 2031-32 was about 2,500 million tonnes.
India is expected to import nearly 84 million tonnes in the current financial year, on top of local production of 572.37 million tonnes, Jaiswal told Reuters in an interview in September.
Source: Money Control
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Friday, 01 April 11
SUPRAS EX RICHARDS BAY COAL TERMINAL TO INDIA HOVERING AT $ 25 - 27.00 PMT - FEARNBULK
Handy
Atlantic markets remain stable with more activity from the Black Sea to FEast paying in the mid 20´s on Supras. The USG remains firm p ...
Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
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- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Commonwealth Bank - Australia
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
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